China's Lead-Zinc Industry Prosperity Index Rises to Top of Normal Range in April
2026-05-18 15:49
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en.Wedoany.com Reported - Data released by the China Nonferrous Metals Industry Association shows that in April 2026, the monthly prosperity index for China's lead-zinc industry was 59.6, up 6.2 points from March. The index is operating at the top of the "normal" range and is approaching the "slightly overheated" range. Monitoring model results indicate that all nine indicators constituting the prosperity index are within the "normal" range, with five indicators rising and four declining.

In April, the leading index for China's lead-zinc industry was 74.2, down 0.5 points from March. This index is composed of six leading indicators, including the LME lead-zinc price index, M2, and lead-acid battery production. In terms of sub-indicators, the LME lead-zinc price index was 39, down 8.1 points from March; the M2 index was 48.2, down 2.3 points from March; the lead-acid battery index was 24, up 5.2 points from March; and the galvanized sheet index was 14.8, down 0.3 points from March. Although China's lead-zinc industry prosperity index has risen, the slight decline in the leading index reflects some short-term pressure on market expectations.

The lead-zinc ore import index was 74.2, up 12 points from March; the fixed asset investment index was 12, up 11 points from March; the production index was 46.9, up 22.8 points from March, as smelters in multiple regions including Henan, Hunan, and Anhui successively resumed and increased production, driving a significant month-on-month increase in primary lead output. The main business revenue index was 111.8, up 5.8 points from March; the total profit index was 74, up 2 points from March. China's lead-zinc industry prosperity index has rebounded to the top of the "normal" range, with industry production recovery accelerating and both corporate operating revenue and total profits rising simultaneously.

Notes: The monthly prosperity index for China's lead-zinc industry is composed of nine indicators, including the constituent indicators of the leading index and the coincident index. The prosperity signal chart divides operating status into five levels: "red light," "yellow light," "green light," "light blue light," and "blue light," where "green light" indicates normal economic operation. The composite prosperity index is also displayed across five light zones. All indicators used in the compilation have been seasonally adjusted to remove seasonal factors.

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